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Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 77+ million SF portfolio of over 600 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit www.naihiffman.com.

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Dec 26 Value Industrial Partners fully leases 755-777 Edgewood

NAI Hiffman represented Value Industrial Partners LLC in fully leasing 755-777 Edgewood Ave., bringing the property from 50 percent in occupancy since acquiring the 40,000-square-foot, multi-unit flex building in June 2013, to 100 percent as of Dec. 31.

Value Industrial Partners budgeted to have the property 100 percent leased in its first year of ownership. Just five months later, its four vacant units are already completely leased up by new tenants, including: Earthwise Environmental, Reba Machine, Moscoso Trucking and Mayan Distribution. While smaller spaces have been abundant in the past, it is becoming increasingly difficult for tenants to find available space, resulting in the need to utilize a market expert in the process.

“We are extremely proud and excited about the quick leasing success of 755-777 Edgewood,” said Kelly Disser, vice president with NAI Hiffman’s industrial services group. “We are looking forward to acquiring additional opportunities with Value Industrial Partners and helping them exceed expectations and proformas.”